Intermodal employees ratify CP contract

Canadian Pacific and the United Steelworkers Local 1976 announced that the union had ratified a five-year labor agreement covering approximately 600 administrative support and intermodal employees in Canada.

The agreement calls for wage increases of 2% each year over the length of the contract, as well as provisions for additional increases of 0.5-1% in the fourth and fifth years depending on gains in Revenue Ton Miles (RTMs).

The new agreement takes effect Jan. 1, 2018.

“This five-year agreement – negotiated and ratified early – is a credit to the union leadership and its productive work at the bargaining table on behalf of its membership,” said Keith Creel, CP’s President and Chief Executive of CP in a statement. “CP’s support staff personnel and intermodal employees are integral to our company’s best-in-class service and our future success. This innovative agreement is an example of the positive results that can be achieved when people work together in good faith.”

The railroad said it has successfully negotiated long-term contracts with six of its seven Canadian unions, which include increased benefits and annual wage increases. CP has reached out to its unions that have agreements expiring at the end of 2017 to negotiate and implement new agreements prior to the presents ones ending.